Pacaso secures additional $125M in funding, announces global destinations

Amidst a continuously fluctuating housing market, Pacaso has been hard at work  solidifying our leading co-ownership platform and upholding our commitment to innovation and exceptional owner experiences. As we dive deeper into the summer. I'm excited to share some recent developments and achievements at Pacaso. 1. June: A month of strong demand June 2023 proved to be a strong month for Pacaso, as we experienced a 59% increase in funded shares over May 2023. The enthusiasm from our community also resulted in year-over-year growth compared to June 2022. These impressive figures reflect our commitment to providing exceptional ownership opportunities and reinforce buyer demand for second homes despite a fluctuating market. 2. Esperanza: The fastest Pacaso to sell out We are proud to share the tremendous success of our Los Cabos listing, Esperanza. All ownership interests for Esperanza were sold during the presale phase before it even hit the marketplace. This achievement not only showcases the allure of international real estate but also demonstrates the growing popularity of co-ownership as a contemporary and sought-after approach to owning a luxury second home. In response to buyer demand, a new three-bedroom 3. Expanding our footprint: Introducing new inventory In response to buyer demand and our ongoing dedication to offering a diverse range of properties, we are thrilled to introduce new inventory in some of the most coveted destinations this summer including Since our launch in October 2020, Pacaso has transformed and streamlined the way people buy and own second homes through our tech-enabled marketplace. Today, we proudly operate in 40 destination communities worldwide. The combined value of Pacaso homes is $1 billion in cumulative revenue, and our community of over 1,500 happy owners has collectively enjoyed over 56,000 cumulative nights in their Pacaso homes. Looking ahead: Current real estate trends What’s going on in the macroeconomic environment and housing market this summer? We'll continue to check in with any new updates, and encourage you to contact us with any questions about a market of interest. Ready to take advantage of this market momentum and start your second home journey? Browse our

Austin Allison, co-founder and CEO of Pacaso was joined by fellow co-founder Spencer Rascoff to discuss the company's recent growth round and its vision for the future. They explored how Pacaso is innovating in luxury vacation home ownership while ensuring mission alignment and democratizing access to the cap table. The conversation highlighted the significant market opportunities available and how the upcoming Reg A offering will help fuel Pacaso’s mission, enabling portfolio expansion and reinforcing its leadership in the co-ownership category.

We are excited to announce we have opened the doors to our cap table through a public growth round offering with a $1,000 minimum investment. Hear from Pacaso CEO and Co-Founder, Austin Allison, about how you can now contribute To learn more about Pacaso's growth round, please visit

Have questions about how Pacaso's new expanded swap feature works? Below you can access bite-sized trainings that will answer your burning questions on the new swap feature. Still have questions? Reach out to Pacaso's scheduling team at scheduling@pacaso.com. Top owner questions and related training videos: Watch this exclusive owners-only webinar, where Senior Director of Product Lish Davis answers top owner questions and prepares you to start using these new benefits.

Pacaso adds new listings to our website every week, with luxury homes in more vacation home destinations starting at $200,000. With these new listings, we offer two ways to find and buy your dream vacation home. You can shop from hundreds of turnkey “Available Now” listings in 40+ destinations ready for you to own today. Or, explore third-party listings in your favorite community and rally your friends, family and network to help turn it into a Pacaso home. "We're empowering every homebuyer to curate their own slice of paradise,” said Pacaso CEO and Co-Founder Austin Allison. “This enables more individuals to enjoy vacation home ownership without the hefty financial burden, as we revolutionize the real estate market and crowdsource demand to influence our growth.” This “crowdsourcing” process puts the power in your hands. Here’s how you can unlock a third-party listing for co-ownership and buy a luxurious home in your happy place. 1. Show your interest We’ve selected the top 5% of active third-party listings nationwide that meet our high standards for co-ownership based on their amenities and value. Spot one you love? Simply tap “I’m interested” when viewing the listing page. Then, share the home with friends, family and anyone who might be interested in co-owning with you. 2. Reserve your share Are you seriously considering a home? Let us know by reserving your share with a refundable $5,000 deposit. Your reservations tell us which listings to prioritize. Once we get enough reservations, our team of vacation home experts will further evaluate the home with an in-person walkthrough and engage the listing agent with comprehensive questions to assess if the home is a fit for co-ownership. This evaluation enables us to make a competitive offer to the seller on your behalf. 3. Place your $10K deposit Once a home passes our initial evaluation and receives enough reservations, we’ll put the home under contract to close. “Under Contract” means we’re in the final steps of our 4. Start owner onboarding After we complete closing, we’ll start preparing the home for co-ownership by 5. Enjoy your new home “Available Now” Pacaso homes are ready for immediate ownership. These turnkey homes have been meticulously furnished and redesigned into elevated living spaces. Limited opportunities are available. If you haven’t already, you’ll want to contact our team to purchase your share. If you have, your home is ready for you to start making lasting memories! The power is yours With Pacaso’s expanded collection, you can find the perfect vacation home among hundreds of turnkey listings or explore third-party options to transform into a Pacaso home. Ready to start your co-ownership journey?

Enjoying family time should be easy. Part of what makes the Pacaso experience stand out is our dedicated team of home managers, Lindsey Harden (Tahoe) In the Tahoe region is Senior Home Manager Lindsey Harden, who shares the care and service owners can expect. Aaron Olthoff (Colorado) If you’re a owner in Colorado, you’ll get to know Aaron Olthoff. He shares how he keeps every home in the Vail, Breckenridge, Aspen and Steamboat Springs region in top condition all year long. Want to experience the Pacaso lifestyle for yourself? Browse our

Paris, France | €575,000 per 1/8 ownership Bask in Sunlight pours through floor-to-ceiling windows into this light-filled 2-bedroom apartment in the City of Light. The elegant living/reception room is on the bel étage (second floor) of a fine 18th-century building in the 7th arrondissement (district), a quintessentially Parisian neighborhood filled with shops, cafes and some of Paris' best-known landmarks like the Eiffel Tower. With exposed stone walls, beamed ceilings and a stunning stone fireplace, the expansive living space features a semi-open plan kitchen, dining area and powder room. Upstairs, you'll find a primary suite offering an en suite bathroom with dual vanities and soaking tub, along with a guest suite with bathroom. The fully air-conditioned home, which includes a cellar, is currently undergoing Pacaso "Our international success, particularly in places like London and Cabo, has underscored the universal appeal of co-ownership. Current owners and enthusiastic buyers have been begging us to extend our reach to Paris, and we’re kicking off 2024 by responding to that demand," said Pacaso CEO and Co-Founder Austin Allison. "At Pacaso, we recognize the challenges American buyers face when purchasing and managing homes internationally. We provide a unique solution that sets us apart, making international ownership a seamless experience." The best way to co-own a vacation home Pacaso offers co-ownership of turnkey, fully managed vacation homes. Own an epic home in your favorite destination to enjoy with your whole family without any of the hassles. Explore our

Co-buying is increasingly becoming In addition to our fully managed, co-owned vacation homes, Pacaso provides New markets, new offerings  DIY co-ownership isn’t a new practice — family members and friends have long come together to purchase, own and enjoy real estate. However, co-owning a home on your own can be That’s why we now offer à la carte services to empower buyers who want to take on co-ownership independently. By adding additional service offerings, we aim to accommodate a range of real estate needs and preferences, whether that’s co-owning a vacation home with a group of close friends, co-owning a whole home curated on our site, or co-buying a primary property with a family member. Personalized resources at your fingertips You’re in good hands with our DIY offerings. As the leader in Unlike cookie-cutter template templates found online, Pacaso's DIY offerings are truly tailored for co-ownership arrangements — whether you want to own a vacation home or co-live in a primary home. Our templates consider the unique dynamics and intricacies involved in sharing a property, and are tailored for each home type. It’s our team’s specialty, and we make sure to cover every detail. Our legal templates have detailed instructions and include: While individual consultation with our legal team is not available, buyers can trust in the integrity and thoroughness of Pacaso's templates. We also encourage buyers to seek independent legal counsel to ensure all their individual needs are addressed. With these comprehensive forms and templates, Pacaso aims to not only expand the co-ownership experience to more buyers but also to facilitate a smooth and accessible experience. Designed for easy co-ownership We’ve spent time creating these legal templates and resources to remove all the guesswork from co-ownership and give buyers the tools and resources they need to succeed. Our à la carte DIY services empower you to take control of your co-ownership journey and navigate all the complexities with ease and confidence.